Capstone Financial Advisors Inc. Cuts Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Capstone Financial Advisors Inc. lessened its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 680,762 shares of the company’s stock after selling 14,785 shares during the quarter. iShares Russell 1000 ETF comprises 13.5% of Capstone Financial Advisors Inc.’s investment portfolio, making the stock its 2nd biggest holding. Capstone Financial Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $219,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Beacon Pointe Advisors LLC boosted its position in shares of iShares Russell 1000 ETF by 2.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 114,427 shares of the company’s stock worth $36,864,000 after purchasing an additional 2,974 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of iShares Russell 1000 ETF by 0.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 66,264 shares of the company’s stock worth $21,348,000 after purchasing an additional 279 shares in the last quarter. Topsail Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth about $307,000. Hancock Whitney Corp raised its holdings in shares of iShares Russell 1000 ETF by 82.2% in the 4th quarter. Hancock Whitney Corp now owns 6,998 shares of the company’s stock worth $2,254,000 after acquiring an additional 3,157 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of iShares Russell 1000 ETF by 1.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 58,902 shares of the company’s stock worth $18,976,000 after acquiring an additional 929 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $302.35 on Monday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $337.76. The firm has a market capitalization of $37.60 billion, a PE ratio of 22.96 and a beta of 1.03. The company’s 50-day moving average is $305.55 and its 200 day moving average is $319.66.

iShares Russell 1000 ETF Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.